Hello all, I'm a Realtor here in Houston, Texas. I am also the sole owner of a full service brokerage. Of course, I do have a broker working alone side of me. I've been managing my own and a few other investor's resid...
The security deposit is most typically equal to a months rent. As tenants renew their lease and the rent increases are you collecting additional security deposit as well?
Hello everyone,I have a mini storage facility that recently appraised for 7-7.5 million and owe about 2.5 million on the loan. I am looking to turn it completely passive. I have been messing with the idea of seller fi...
Hey BP, [Disclaimer to the question I am about to ask is that I understand that at the end of the podcast they ask a similar question, however, the answer(s) I am searching for are slightly different]I have one simple...
I just set up my LLC that manages my self directed IRA. What expenses are considered legal to expense out of this entity? My custodian seems conservative. Would travel to look at investments be legitimate? My custodia...
Hello all, we are very green in understanding tax strategies for STRs and we're trying to understand how/what STR tax deductions can be captured for primary residences. Below I have posed a scenario to use as an examp...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in South Saint Paul.
Purchase price: $217,000
Cash invested: $14,000
I bought a duplex! The upper unit was recently re-done a...
Hello! So I am very new to the world of real estate, still in the process of getting my license, and my question is:How do I break in to the world of investing without any money of my own? Is it even possible to do?I ...
Would it be legal to replat House lot into 2? I recently bought some lots next door to a house i own and and need 4ft from my house lot to make extra lot. But I have a mortgage and dont want to refinance. Is it legal ...
If you haven't tried ChatGPT yet, it is amazing! I've used it to write listing descriptions, consulted it for ways to address issues with tenants, and most recently used it to create a task list from an inspection rep...